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AZ Central

$883 mil in aid for Arizonans

November 23, 2012

More than $880 million so far has been committed to helping Arizona consumers through the National Mortgage Settlement, according to the nation's top five lenders.The latest report on the settlement, issued this week, is based on information from Bank of America, JPMorgan Chase, Wells Fargo, CitiBank and GMAC/Ally. The data shows most of the aid so far, about $762million, is coming from short sales approved by the lenders.

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